Zinc Capital Management

British Business Bank has committed up to £46 million to Zinc Capital Management's second institutional fund, the Science-for-Impact Fund, supporting UK DeepTech innovation.

Summary of transaction details:

• Value: £46 million
• Sector: DeepTech & AI
• Advisor: None Disclosed
• Key Entities: Zinc Capital Management, British Business Bank
• Location: United Kingdom

Note: The commitment from the Enterprise Capital Funds programme anchors Zinc's targeted £70 million fund to build and support a portfolio of 80 new early-stage DeepTech startups focused on health and environmental impact.